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Telecom Service One Holdings Addresses Public Float Compliance Issue

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Telecom Service One Holdings Addresses Public Float Compliance Issue

Elevate Your Investing Strategy:

An announcement from Telecom Service One Holdings Ltd. ( (HK:3997) ) is now available.

Telecom Service One Holdings Limited announced an issue regarding its public float requirements due to a substantial shareholder, Ms. Chan Lai Ping, whose shareholding exceeded the threshold, thus affecting the company’s compliance with the Stock Exchange’s rules. The company has since rectified the situation by reducing Ms. Chan’s shareholding and has implemented measures to prevent similar occurrences in the future, including director training and regular monitoring of shareholdings.

More about Telecom Service One Holdings Ltd.

Telecom Service One Holdings Limited is a company incorporated in the Cayman Islands, operating in the telecommunications industry. It is listed on the Stock Exchange of Hong Kong and focuses on providing telecommunications services.

Average Trading Volume: 43,562

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$75.72M

See more data about 3997 stock on TipRanks’ Stock Analysis page.

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